Installing Word Addin GP, upgrade patch cannot be installed error

Windows installer error "upgrade patch cannot be installed by the windows installer service"

Switching on msi logging reveals the following extract form the log file:

MSI (c) (68:F8) [12:44:21:188]: Full optimizations are not possible in the patch sequencer because new patch[es] had been added in the current transaction.
MSI (c) (68:F8) [12:44:21:188]: Applicability checks need to be performed in this transaction because new, 3.0 minor update patch[es] have been provided.
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: verifying the applicability of minor upgrade patch {02407063-1528-1528-0000-DAC200E38416} against product code: {8A2F471F-31D3-4EAA-BE51-010078236C4C}, product version: 11.00.1269.000, product language 1033 and upgrade code: {DB086C81-9D50-4B21-80A0-DAC200E38416}
MSI (c) (68:F8) [12:44:21:188]: Validating transform 'RTM.1' with validation bits 0x921
MSI (c) (68:F8) [12:44:21:188]: Transform 'RTM.1' is valid.
MSI (c) (68:F8) [12:44:21:188]: Note: 1: 2262 2: _Tables 3: -2147287038
MSI (c) (68:F8) [12:44:21:188]: Note: 1: 2262 2: _Columns 3: -2147287038
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: minor upgrade patch {02407063-1528-1528-0000-DAC200E38416} is applicable.
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: verifying the applicability of minor upgrade patch \\{install Location}\SWDistbn\GP2015\MDGP2015_R2_DVD_ENUS\AdProd\BITemplateMapping\Bin\Updates\MicrosoftDynamicsGP14-BITemplateMapping-KB3063085-ENU.msp against product code: {8A2F471F-31D3-4EAA-BE51-010078236C4C}, product version: 11.00.1269.000, product language 1033 and upgrade code: {DB086C81-9D50-4B21-80A0-DAC200E38416}
MSI (c) (68:F8) [12:44:21:188]: Validating transform 'RTM.1' with validation bits 0x921
MSI (c) (68:F8) [12:44:21:188]: Note: 1: 2749 2: RTM.1 3: C:\Users\{user}\AppData\Local\Temp\e702854.msp 4: 14.00.0532.000 5: 11.00.1269.000
MSI (c) (68:F8) [12:44:21:188]: 1: 2749 2: RTM.1 3: C:\Users\{user}\AppData\Local\Temp\e702854.msp 4: 14.00.0532.000 5: 11.00.1269.000
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: minor upgrade patch \\{install Location}\SWDistbn\GP2015\MDGP2015_R2_DVD_ENUS\AdProd\BITemplateMapping\Bin\Updates\MicrosoftDynamicsGP14-BITemplateMapping-KB3063085-ENU.msp is not applicable.
MSI (c) (68:F8) [12:44:21:188]: The #_QFESequence table with patches sorted on Sequence within Patch Families:
MSI (c) (68:F8) [12:44:21:188]: PatchGUID: {02407063-1528-1528-0000-DAC200E38416} PatchFamily: BIPatch11 Sequence: 11.0.1528.0 SequenceOrder: 0 Type: minor upgrade
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: minor upgrade patch {02407063-1528-1528-0000-DAC200E38416} cannot be superseded because there is no supersedence defined in BIPatch11 family yet for this type
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: minor upgrade patch {02407063-1528-1528-0000-DAC200E38416} will attempt to supersede in BIPatch11 family, starting from sequence 11.0.1528.0
MSI (c) (68:F8) [12:44:21:188]: SequencePatches returns success.
MSI (c) (68:F8) [12:44:21:188]: Final Patch Application Order:
MSI (c) (68:F8) [12:44:21:188]: {02407063-1528-1528-0000-DAC200E38416} -
MSI (c) (68:F8) [12:44:21:188]: Other Patches:
MSI (c) (68:F8) [12:44:21:188]: Unknown\Absent: {03063085-0726-0726-0000-DAC200E38416} - \\{install Location}\SWDistbn\GP2015\MDGP2015_R2_DVD_ENUS\AdProd\BITemplateMapping\Bin\Updates\MicrosoftDynamicsGP14-BITemplateMapping-KB3063085-ENU.msp
The upgrade cannot be installed by the Windows Installer service because the program to be upgraded may be missing, or the upgrade may update a different version of the program. Verify that the program to be upgraded exists on your computer and that you have the correct upgrade.
C:\Windows\Installer\312c991d.msi
MSI (c) (68:F8) [12:44:21:188]: Product: Microsoft Dynamics GP Add-in for Microsoft Word - Update '{03063085-0726-0726-0000-DAC200E38416}' could not be installed. Error code 1642. Additional information is available in the log file C:\Users\{user}\AppData\Local\Temp\MSI2853.LOG.

Version 14.00.0804 GP 2015 R2 with hotfix GP14-KB3080334-ENU.msp

I have a feeling that it might be this hot fix that is preventing the word addin installer from running?

Has anyone any experience of this?